I only need help with part B: which is the three major calculations for case...
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I only need help with part B: which is the three major calculations for case A, B, and C. i have the answers for a, c and d.
!!!All information is given in problem. I asked the professor He said it can be solved with no additional information.!!!!
Question 2 Not complete Marked out of 98.00 Identifying Depreciation Methods and Preparing Schedules Veto Company bought equipment on January 1, 2020, for $18,000. The expected life is 10 years, and the residual value is $2,000. Based on three acceptable depreciation methods, the annual depreciation expense and balance of accumulated depreciation at the end of 2020 and 2021 are shown below. CA Ca Case C Annual Accumulated Annual Accumulated Annual Accumulated Year Expense Amint Expona Expense Amun Amount 2020 $3,600 $3,600 $1,600 $1,600 $2,909 $2,909 2021 2,880 6,480 1,600 3.200 2618 5,527 Required a. Identify the depreciation method used in each case A, B, and C b. Based on the answer to part a prepare a depreciation schedule that shows annual depreciation expense and year-end accumulated depreciation and book value over the life of the asset for each case A, B, and C. c. Which method results in the highest net income in year 17 d. Which method results in the highest net income in year 107 Case A Case B Case C b. Based on the answer to part a prepare a depreciation schedule that shows annual depreciation expense and year-end accumulated depreciation and book value over the life of the asset for each case A, B and C Note: Carry all decimals in calculations; round the final answers in the table below to the nearest dollar. Case A For the Period End of Paried Reporting Period Jan 1, 2020 Depreciation Accumulated Expense Buck Depreciation Value $ Dec 31, 2020 s S Dec 31, 2021 Dec 31, 2022 Dec. 31, 2023 Dec 31, 2024 Dec. 31, 2025 Dec 31, 2026 Dec. 31, 2027 Dec 31, 2028 Dec 31, 2029 b. Based on the answer to part a, prepare a depreciation schedule that shows annual depreciation expense and year-end accumulated depreciation and book value over the life of the asset for each case A, B and C Note: Round each amount in the table to the nearest whole number. Case B For the Period End of Period Reporting Deprestation Period Expense Jan 1, 2020 Dec 31, 2020 S Dec. 31, 2021 Dec. 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec. 31, 2026 Dec 31, 2027 Dec 31, 2028 Dec. 31, 2029 Accumulated Depreciacion S S Book Value b. Based on the answer to part a, prepare a depreciation schedule that shows annual depreciation expense and year-end accumulated depreciation and book value over the life of the asset for each case A, B, and C. Note: Carry all decimals in calculations; round the final answers in the table below to the nearest dollar. Case C: For the Period Depreciation Reporting Period End of Period Accumulated Book Depreciation Value. S Expense Jan. 1, 2020 Dec. 31, 2020 $ $ Dec. 31, 2021 Dec 31, 2022 Dec. 31, 2023 Dec. 31, 2024 Dec. 31, 2025 Dec. 31, 2026 Dec. 31, 2027 Dec. 31, 2028 Dec. 31, 2029 c. Which method results in the highest net income in year 17 d. Which method results in the highest net income in year 10
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